Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market. The company in a statement said, under the new pricing structure, the […]
FG signs $5.792bn contract for 3,050MW Mambilla power project
THE Federal government has described the 3,050megawatts hydro power project worth over $5.792 billion (about N2.096 trillion) in Taraba State as a new dawn in the nation’s power diversity and energy needs.
Bulk electricity users to buy directly from GENCOs
ELECTRICITY consumers, especially bulk users now have an option as the federal government has approved a new policy to enable them buy power directly from the electricity generating companies, GENCOs.
FG, others plan to generate 14,000mw from hydro
Plans are underway by the Federal Government and other stakeholders to generate additional 14,000 megawatts, mw of power from water (hydro).
Chevron contributes $5m to HIV fund to in Nigeria
Chevron Nigeria Limited, (CNL), an affiliate of Chevron Corporation (Chevron), announced the disbursement of US$2.5 million donated by Chevron to the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund), for the implementation of the Chevron-Global Fund Anti-Retroviral Treatment Service Maintenance Program (ART Program), in Delta, Bayelsa, Ondo and Lagos States.
FG affirms resolving litigation over ownership of Ajaokuta Steel Company
THE Federal Government disclosed that the litigation over ownership of Ajaokuta Steel Company has been resolved.
